Perth has taken the crown from Adelaide as most affordable capital in Australia. Image: Canva. A new report has officially declared Perth as the most affordable capital city in Australia.
Adelaide ($443 a week) South Australia's capital is the cheapest capital city in the country to rent a unit, with the median price hovering around $450 a week.
Find out how WA compares to the other states and territories in Australia." Western Australia has retained the title of most affordable place in the country for renting and is the most affordable state in the country for housing, according to a new report by the Real Estate Institute of Australia (REIA).
Queensland has many suburbs with affordable costs of living and cheap accommodations. You can consider Bundaberg, French Ville, South Mackay, Nerang, Kirwan, etc.
There's long been a rivalry between the two States over which is better to live in, but after crunching the numbers, Compare the Market found that Queenslanders could be left with more money in their pockets when factoring in weekly expenses.
In response to the question, “Is it cheaper to stay in Brisbane or on the Gold Coast?” The answer is simple – the Gold Coast is less expensive. What is this? The Gold Coast is best known as a tourist destination, with attractions such as beaches, theme parks, resort spaces, and entertainment centres.
The most expensive place for housing in Australia is Sydney. Including utilities, it's 48.51% higher than the cost of Adelaide, which is the least priciest capital city.
Canberra remains Australia's most expensive capital city in which to rent a house at a median cost of $690 per week, ahead of Sydney on $660, according to the Domain Rent Report March 2023 Quarter released today.
Perth's Australia Day's are hardly ever rainy
It also has the highest average maximum temperature at 30.4°C with 61 of the past 116 Australia Days above 30°C. In comparison, Sydney has experienced 51 rainy Australia Day's, Melbourne with 28, Brisbane, 41 and Adelaide, 17.
Vietnam. One of the cheapest countries to live in is definitely Vietnam. Moving to Vietnam could be a great option for those who want to experience the country's unique culture and way of life on a more long-term basis.
“Queensland's known as the Sunshine State. All those rays and the laid-back lifestyle might be among the reasons why it's Australia's happiest state,” Bayliss said.
1. Canberra – Australia's Capital City. Nestled between Sydney and Melbourne, Canberra is not only the capital but also Australia's safest city. With a low crime rate and a small-town vibe, Canberra offers an attractive blend of city living and peaceful suburban life.
Con: Summers can get sweaty
But come summertime, things can get a little sticky. The high humidity on the Gold Coast is fine when you're taking a dip, but when you're not at the beach, you might find yourself hibernating in air-conditioning.
1. Teneriffe – $3.62m. Teneriffe maintains its spot as the most expensive suburb in Brisbane into another quarter. With few houses in this inner city location, the median house price comes in at a whopping $3.62 million – that's a 43.6% increase in the past 12 months.
Coober Pedy, South Australia
A popular tourist stop between Adelaide and Alice Springs, this town is one of the cheapest places to live in the entire country—if not the cheapest. The cost of living here is low, and as a bonus, it is a tight-knit community. This is Coober Pedy, where people live underground.
Due to the convenience of having smaller cities, everything is close by and the cost of living in Tasmania is economical.
Australia's most liveable city is now also the friendliest in the world, according to a new report. Melbourne has been hailed for its kind inhabitants and inclusive culture, with the city taking top spot against its global peers, according to the Benchmarking Melbourne 2023 report released on Thursday.